NAR spearheaded a 33-member coalition in sending a letter to Consumer Financial Protection Bureau (CFPB) Director Richard Cordray calling for a broadly defined Qualified Mortgage (QM) under the Dodd-Frank Wall Street Reform and Consumer Protection Act. Several meetings with CFPB led NAR and others to believe that CFPB is considering a narrow QM more in line with the much-maligned Qualified Residential Mortgage (QRM) proposal.

The QRM proposal included very tight standards including very low debt to income ratios, strict credit standards, and a 20% downpayment requirement. Neither QM nor QRM was intended to be so strict as deny otherwise eligible borrowers access to affordable mortgage credit. In the case of QM, the effect could very well be to completely deny access to credit as the potential liability for producing non-QM loans will make such loans largely unavailable according to the lending industry. Credit is already tighter and a narrow QM would strangle access to credit according to industry analysis.

How to use Realist.com, the public records provider for IRESis. Includes how to search for, view and print Public records, perform Comparable and Neighbor searches, create labels, and change your Preferences.

Everything you ever wanted to know about Prospects, including how to save a search, so it will automatically email new matches to your clients (and copy you). Also, how to set up MySite, the system-generated website for your client to view and rate prospect results.

Are you scheduling showings for your office or individually as an agent for each of your listings? This is the class for you! Learn how to navigate and enhance your experience using the Showings Manager in IRESis.

Everything you ever wanted to know about Prospects, including how to save a search, so it will automatically email new matches to your clients (and copy you). Also, how to set up MySite, the system-generated website for your client to view and rate prospect results.

Learn to use the Contracts system on IRESis. Complete the screens necessary to create a contract, print and email contracts, use Templates and the helper tabs. Also covers the Admin screen and how to edit Contract Branding and add Office Clauses. A basic overview of DocuSign is included.

Learn to place listings on the map, add map layers, map ANY address and view various map report formats. Also, learn how to determine if YOUR listings are geocoded (placed on a map) and if not, how to place them.

Everything you ever wanted to know about Prospects, including how to save a search, so it will automatically email new matches to your clients (and copy you). Also, how to set up MySite, the system-generated website for your client to view and rate prospect results.

How to use Realist.com, the public records provider for IRESis. Includes how to search for, view and print Public records, perform Comparable and Neighbor searches, create labels, and change your Preferences.

Now create listing statistics from three MLS systems without duplicates for an accurate picture of the market of the entire Front Range. Overview of IRES Statistical reports, including Sales Stats, NAR Stats, IRES Stats, customized reports and more.

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